Fed finds fault with its own stress tests

bank stress testProblems center on computer models that assess how banks would fare in a recession

By Ryan Tracy | The Wall Street Journal

The Federal Reserve is revamping the way it oversees its annual bank stress tests, after internal reviews found the regulator wasn’t handling the exams with the same rigor it demands from financial institutions.

The changes, disclosed in a report by the Fed’s internal watchdog, demonstrate how the tests are still a work in progress even though, six years after their birth amid the financial crisis, they have become a pillar of the central bank’s supervision of large financial firms.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

December 2015
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031